| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 6.9 | 24.4 | 27.7 | 27.1 | 33.4 | 31.9 | −4.4% | |
| Depreciation & amortization | 4.0 | 3.7 | 7.2 | 8.8 | 9.6 | 10.6 | +10.9% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.1 | 0.4 | 0.0 | −100.0% | |
| Change in working capital | (1.8) | (16.8) | 2.0 | 7.5 | 6.6 | (14.0) | −310.9% | |
| Operating cash flow | 13.1 | 10.8 | 31.0 | 48.2 | 47.2 | 31.8 | −32.6% | |
| Capital expenditure | (1.7) | (7.7) | (16.6) | (14.7) | (18.9) | (26.6) | −41.0% | |
| Acquisitions | 0.1 | 0.4 | 8.7 | (14.9) | (6.4) | (0.6) | +90.9% | |
| Investing cash flow | (1.5) | (9.9) | (24.8) | (33.4) | (34.4) | (37.7) | −9.7% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | (2.9) | (2.4) | (2.4) | +0.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (8.3) | 3.3 | (0.8) | 0.1 | (10.2) | 6.4 | +162.7% | |
| Financing cash flow | (11.2) | 1.0 | (3.9) | (8.3) | (18.8) | 3.7 | +119.4% | |
| Free cash flow | 11.4 | 3.2 | 14.4 | 33.4 | 28.3 | 5.2 | −81.5% | |
| Net change in cash | 0.4 | 1.6 | 2.3 | 7.6 | (6.0) | 23.0 | +484.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
